PTO Sell Back. Employees may “sell back” up to 40 hours of earned and unused PTO in 8-hour increments, subject to the following: 1. Applications to “sell back” hours will be submitted in writing to Human Resources from April 1 through April 15 of each year covered by this Agreement. 2. Applicants must have at least 40 hours of unscheduled PTO remaining in their bank after the hours are sold back. 3. Payments to eligible applicants will be made at their regular straight time rate of pay, exclusive of any premiums, and will be paid no later than the first full pay period after June 1 of the same calendar year.
Appears in 2 contracts
Sources: Collective Bargaining Agreement, Collective Bargaining Agreement
PTO Sell Back. Employees PTO sell back employees may “sell back” up to 40 hours of earned and unused PTO in 8-8 hour increments, subject to the following:
1. Applications Applicants to “sell back” hours will be submitted in writing to Human Resources from April October 1 through April October 15 of each year covered by this Agreement.
2. Applicants must have at least 40 hours of unscheduled PTO remaining in their bank after the hours are sold back.
3. Payments to eligible applicants will be made at their regular straight time rate of pay, exclusive of any premiums, and will be paid no later than scheduled for payment during the first full pay period after June 1 of the same calendar yearNovember 1.
Appears in 2 contracts
Sources: Collective Bargaining Agreement, Collective Bargaining Agreement
PTO Sell Back. Employees may “sell back” up to 40 hours of earned and unused PTO in 8-hour increments, subject to the following:
1. Applications Applicants to “sell back” hours will be submitted in writing to Human Resources from April May 1 through April May 15 of each year covered by this Agreement.
2. Applicants must have at least 40 hours of unscheduled PTO remaining in their bank after the hours are sold back.
3. Payments to eligible applicants will be made at their regular straight time rate of pay, exclusive of any premiums, and will be paid no later than scheduled for payment during the first full pay period after June 1 of the same calendar year1.
Appears in 1 contract
Sources: Collective Bargaining Agreement
PTO Sell Back. Employees may “sell back” up to 40 hours of earned and unused PTO in 8-8 hour increments, subject to the following:
1. Applications Applicants to “sell back” hours will be submitted in writing to Human Resources from April May 1 through April May 15 of each year covered by this Agreement.
2. Applicants must have at least 40 hours of unscheduled PTO remaining in their bank after the hours are sold back.
3. Payments to eligible applicants will be made at their regular straight time rate of pay, exclusive of any premiums, and will be paid no later than scheduled for payment during the first full pay period after June 1 of the same calendar year1.
Appears in 1 contract
Sources: Collective Bargaining Agreement
PTO Sell Back. Employees may “sell back” up to 40 hours of earned and unused PTO in 8-hour increments, subject to the following:
1. Applications to “sell back” hours will be submitted in writing to Human Resources from April 1 through April 15 of each year covered by this Agreement.
2. Applicants must have at least 40 hours of unscheduled PTO remaining in their bank after the hours are sold back.
3. Payments to eligible applicants will be made at their regular straight time rate of pay, exclusive of any premiums, and will be paid no later than the first full pay period after June 1 of the same calendar year.
Appears in 1 contract
Sources: Collective Bargaining Agreement